111
111
Dec 5, 2012
12/12
by
CNNW
tv
eye 111
favorite 0
quote 0
and the man who shut down the government under bill clinton. what newt gingrich thinks it will take to avoid that happening again. >>> plus one of my personal heroes, the fastest man in the history of planet earth. jamaican sprinter usain bolt revealing a talent you may not know he has. ♪ let's get together and feel all right ♪ >> this is "piers morgan tonight." >>> good evening. our big story tonight, you are so hot, america. i mean that literally. the temperature was a balmy 60 degrees this afternoon in new york just outside cnn's studios. the average high temperature in december is normally 43. a warm front has flooded the lower 48 states. quite extraordinary but is it evidence of man-made global warming? that's tonight's battleground america. joining me now, bill nye the science guy and mark morano, the publisher of climate depo.com. welcome to you both. let me start with you, mark, if i may. you are implacably opposed to the concept of man-made climate change. why? >> we followed the evidence. there are quite literally hundreds of fact
and the man who shut down the government under bill clinton. what newt gingrich thinks it will take to avoid that happening again. >>> plus one of my personal heroes, the fastest man in the history of planet earth. jamaican sprinter usain bolt revealing a talent you may not know he has. ♪ let's get together and feel all right ♪ >> this is "piers morgan tonight." >>> good evening. our big story tonight, you are so hot, america. i mean that literally. the...
124
124
Dec 5, 2012
12/12
by
CNNW
tv
eye 124
favorite 0
quote 0
clinton, the way they did with ronald reagan, and the way you get things done in washington, rather than saying hey, would you stick with grover norquist or would you not or would you address entitlements or not. i believe it's vital that we address the entitlements, who are the elephant in the room, but that would be up to the people who would be sitting across the table from each other. we cannot go over this fiscal cliff, no matter what people on both ends of the political spectrum say. i believe that there was a popularity poll in case you missed it where now members of congress rank just above car salespeople and i'm a great admirer of car salespeople, you know. it's not -- even astonishingly and it angers me beyond belief, even journalists rank higher than members of congress. >> former senate majority leader george mitchell knows what it's like to be in the middle of the debate. he joins me now. senator mitchell, you more or less have been in john boehner's shoes. you were a congressional leader hammering out a tax and spending cut deal with the president of the opposing part
clinton, the way they did with ronald reagan, and the way you get things done in washington, rather than saying hey, would you stick with grover norquist or would you not or would you address entitlements or not. i believe it's vital that we address the entitlements, who are the elephant in the room, but that would be up to the people who would be sitting across the table from each other. we cannot go over this fiscal cliff, no matter what people on both ends of the political spectrum say. i...
182
182
Dec 5, 2012
12/12
by
MSNBCW
tv
eye 182
favorite 0
quote 0
peter than this guy, bill clinton? this guy can sell. what did you think of the impact ofç his convention address. >> part of that was set up by the fact -- i thought it was an unfortunate statement by republicans, were you better off than you were four years ago? you couldn't have picked a more unfortunate contrast. ultimately by setting it up as a contrast to four years ago created an opportunity for clinton to deliver that speech. again, i want to go back for the opportunity here that romney had. in the exit poll 63% of americans said they don't want to cut taxes in order to increase the deficit. governor romney made it a referendum and didn't take advantage of the country still being a center right company. >> 47% of plurality said raise taxes for people over $250,000. >> you frame it as bush and you make it all that dynamic, which obama had set up, or do you make it about the broader economic policy of what do you do with taxes -- >> in all fairness, didn't the president do a pretty good job of focusing on that differential betwee
peter than this guy, bill clinton? this guy can sell. what did you think of the impact ofç his convention address. >> part of that was set up by the fact -- i thought it was an unfortunate statement by republicans, were you better off than you were four years ago? you couldn't have picked a more unfortunate contrast. ultimately by setting it up as a contrast to four years ago created an opportunity for clinton to deliver that speech. again, i want to go back for the opportunity here...
213
213
Dec 5, 2012
12/12
by
CNNW
tv
eye 213
favorite 0
quote 0
that happened in the '90s with billi bill clinton. listen to what he says about the fiscal cliff? >> i think no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two. the president has staked out a position of nonseriousness, i think it's difficult for the house republicans right now to find any practical way to get his attention. >> he's saying go over the cliff rather than accept what the president wants right now. >> i don't need to remind you this is the house speaker who shut down the government and that didn't work so well for the republicans. going over the cliff is something i don't think they want to do earlier. as i keep saying, wolf. the irony to me here is that the larger issues are things they really understand how to resolve, if you look at all their proposals. they just can't get there, because they can't agree on this revenue issue. where does the revenue come from. do you raise the rates on the wealthy? if you do, how much? and that's actually in the whole realm of things a sticking point that
that happened in the '90s with billi bill clinton. listen to what he says about the fiscal cliff? >> i think no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two. the president has staked out a position of nonseriousness, i think it's difficult for the house republicans right now to find any practical way to get his attention. >> he's saying go over the cliff rather than accept what the president wants right...
283
283
Dec 5, 2012
12/12
by
MSNBCW
tv
eye 283
favorite 0
quote 0
and people -- that was the genius of bill clinton. he was a democrat from arkansas that knew how to deal with both sides. >> the vote yesterday on the disability treaty was painful. >> with bob dole on the floor. >> terrible, terrible. >> you saw the people that were willing to be moderate in the republican caucus and several of them of the handful that voted for the treaty, several of them are leaving. the moderate caucus, if fear of primaries has become a real probl problem. >> it wasn't even a moderate vote. you're asking the rest of the world to follow the guidelines of a republican president who is very conservative son started pushing the treaty. this wasn't a moderate vote. >> it wasn't. we're actually exerting our standards on the rest of the world. >> it was a fact free -- and you look at, like, the co-sponsor of it voted no. bob corker will be ranking member of foreign relations. voted no. >> who else voted no? >> this is all a concern about the primary. >> jon kyl voted no? >> todd akin is going to beat them in the primary.
and people -- that was the genius of bill clinton. he was a democrat from arkansas that knew how to deal with both sides. >> the vote yesterday on the disability treaty was painful. >> with bob dole on the floor. >> terrible, terrible. >> you saw the people that were willing to be moderate in the republican caucus and several of them of the handful that voted for the treaty, several of them are leaving. the moderate caucus, if fear of primaries has become a real probl...
336
336
Dec 5, 2012
12/12
by
FOXNEWSW
tv
eye 336
favorite 0
quote 0
he loves the bill clinton era, how about returning to bill clinton era spending in proportion? >> wouldn't that be nice? how about return to the bill clinton era on capital gains rates? it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful spending that the president wants. >> steve: maybe in four years when hillary runs for president. you have got to figure that's going to happen. >> i wonder what's going to happen to the economy. it's weak now, you raise taxes a little bit more, what happens to the economy? >> steve: so many people have been forecasting that the president does raise rates, couple of years ago, he said during a recession, that's the worst time to jack up rates. now we're not technically in a recession, but we're in a very soft edge. >> watch out, steve, 'cause here it comes, a little bit more. >> steve: thank you
he loves the bill clinton era, how about returning to bill clinton era spending in proportion? >> wouldn't that be nice? how about return to the bill clinton era on capital gains rates? it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful...
152
152
tv
eye 152
favorite 0
quote 0
he did the deal with the newt gingrich and bill clinton. you c . stuart: stop smiling. >> every democrat sitting right% there has said the same thing. remember bill clinton. he raised tax rates and it sent off a boom. you don't agree with that? >> i do agree with it, but he also reformed welfare. he was also willing to rein in modestly entitlements and do things on a comprehensive basis, it worked and paid huge dividends. stuart: i've got 30 seconds. >> yes. stuart: are we going to get a fiscal cliff avoid dan deal? >> we may get some form of a deal. we are not going to get a real deal. i think the economy is going to be hurt and i think both sides, especially the president deserve blame. stuart: who will get the blame? >> the republicans clearly are going to get the blame and hurting themselves. stuart: but we may go into a much slower economy and hurts the president. >> bad news for the president and even worse news for the the american people. stuart: i agree with that. all right, doug, not bad the at all. >> still a democrat. stuart: is that a
he did the deal with the newt gingrich and bill clinton. you c . stuart: stop smiling. >> every democrat sitting right% there has said the same thing. remember bill clinton. he raised tax rates and it sent off a boom. you don't agree with that? >> i do agree with it, but he also reformed welfare. he was also willing to rein in modestly entitlements and do things on a comprehensive basis, it worked and paid huge dividends. stuart: i've got 30 seconds. >> yes. stuart: are we...
115
115
tv
eye 115
favorite 0
quote 0
clinton. that really just set the stage for the commission that you just referred to, the erskine bowles commission, and here we are almost 20 years later. we're out of time. i wish we had more. i appreciate you. great to see you. and be sure to tell newt gingrich's love for me. there is a story behind that. i should not have done that. my best to you. up next, the civil war raging in serious sets off alarms in the obama administration as reports of chemical weapons are surfacing. we will be talking syria, egypt, iran, israel, palestine, possible u.s. intervention. his new book. i wonder, is that it? that is it. my goodness. that's good. that's dead. what's next? he's going to apply testosterone to h underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron it for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women,speciallthose whar or who may become pregnant, and chilen should av
clinton. that really just set the stage for the commission that you just referred to, the erskine bowles commission, and here we are almost 20 years later. we're out of time. i wish we had more. i appreciate you. great to see you. and be sure to tell newt gingrich's love for me. there is a story behind that. i should not have done that. my best to you. up next, the civil war raging in serious sets off alarms in the obama administration as reports of chemical weapons are surfacing. we will be...
130
130
Dec 5, 2012
12/12
by
CSPAN2
tv
eye 130
favorite 0
quote 1
there were surpluses that bill clinton left us, but because george w. bush went in front of the microphone and said, "i have political capital and i'm going to cut everybody's taxes," he then put two wars on the credit card and that was the end of the surpluses. we went into deficits, deficits as far as the eye could see. deeper and deeper in debt. so you might ask, then, "senator boxer, why are you now supporting those tax cuts being renewed for 98% of the people?" and the answer is, it's a different time and a different place. we're getting out of a recession and we can make up the moneys we need to balance this budget by going just to the top rate, going to the people over $250,000. remember, this plan that we passed in july -- if we could go back to that chart -- that gives a tax break on the first $250,000 of income. and, in essence, giving everybody a tax break on that first $250,000. it's only after that that the taxes go back to clinton era. and because this is a different time and place, i support giving a tax break, continuing it for 98%, but
there were surpluses that bill clinton left us, but because george w. bush went in front of the microphone and said, "i have political capital and i'm going to cut everybody's taxes," he then put two wars on the credit card and that was the end of the surpluses. we went into deficits, deficits as far as the eye could see. deeper and deeper in debt. so you might ask, then, "senator boxer, why are you now supporting those tax cuts being renewed for 98% of the people?" and the...
164
164
tv
eye 164
favorite 0
quote 0
that is her husband, bill clinton. and i amnhe side that says i don't ev think she wants to do ch cells after secretary of state she has bee around for awhile, taken a lot of heat. i thiik that she probably might want to just enj herlife. >> for four years and th run. >> i tok the 42nd street exi ramp and there was a huge pot hole. th first namehat came to ind was not mde cinton should fix this. of the shoe want to deal with all the municipal issues. messa: moving on to somethi thati would love to happen. in eighthgrade girls petitiing has brought to market easy bak ovens f boys. hepetition has more han 24,0 signatures. she says her four year-old brother likes to cook. all the kids do. a packaging and promotions make it seem like cooking is only for girls. she wants her bther to know that is not wrong for him to want to be a chef. they're missing out.ner. >> it's a eat idea. absolutely. that's all i le habakkuk. that's why i'm happily married. but the eality s, gordon ramsey, the cake boss. so manyf the stars who re ch
that is her husband, bill clinton. and i amnhe side that says i don't ev think she wants to do ch cells after secretary of state she has bee around for awhile, taken a lot of heat. i thiik that she probably might want to just enj herlife. >> for four years and th run. >> i tok the 42nd street exi ramp and there was a huge pot hole. th first namehat came to ind was not mde cinton should fix this. of the shoe want to deal with all the municipal issues. messa: moving on to somethi...
113
113
Dec 5, 2012
12/12
by
CURRENT
tv
eye 113
favorite 0
quote 0
. >> well, bill clinton was the most valuable player out there. >> jennifer: absolutely. >> for the obama/biden campaign other than the two principles on the ticket. of course, every governor, every senator, every member of congress who was elected is also a super delegate who will choose the next president. >> jennifer: i don't see how the force -- the force the inexorable pull of this from those who support her and those who love her is just going to be too great. she needs to go to a spa. she needs to take a relaxing -- take a break. do the exercises. what she wants to do. but six months then we're back at it. all right. so you know, republicans have had some challenges appointing women. obviously we've all been talking about the number of women that were not appointed in the house republican caucus other than the one, candace miller. but the sunlight foundation, we were assuming it was because of sexism. the sunlight foundation has another theory which is that they were not appointed because they aren't as influential from a money perspective because all of the large leadership pacs o
. >> well, bill clinton was the most valuable player out there. >> jennifer: absolutely. >> for the obama/biden campaign other than the two principles on the ticket. of course, every governor, every senator, every member of congress who was elected is also a super delegate who will choose the next president. >> jennifer: i don't see how the force -- the force the inexorable pull of this from those who support her and those who love her is just going to be too great. she...
245
245
Dec 5, 2012
12/12
by
MSNBCW
tv
eye 245
favorite 0
quote 2
her president, former president bill clinton, was president obama's key surrogate during this election cycle, setting the stage for president obama to return the favor in 2016. if she so decides to run. remember earlier this week, she was at the save and center for middle east policy and they ran that glossy video that felt like a campaign video in which she was praised by a number of officials, including president benjamin netanyahu. the stage sbing set f that's what she decides. if you go deeper into that poll, 66% of women say she should run, so higher than the national average. that would be one of her core constituencies. those close to me tell me when she steps down she'll focus on resting. >> to be frank, though, i think she's deserved a well-deserved rest. >> reporter: absolutely. i gave birth to my daughter on may 18th, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. look th
her president, former president bill clinton, was president obama's key surrogate during this election cycle, setting the stage for president obama to return the favor in 2016. if she so decides to run. remember earlier this week, she was at the save and center for middle east policy and they ran that glossy video that felt like a campaign video in which she was praised by a number of officials, including president benjamin netanyahu. the stage sbing set f that's what she decides. if you go...
136
136
Dec 5, 2012
12/12
by
MSNBCW
tv
eye 136
favorite 0
quote 0
not very long ago that was a wedge issue bob dole was using against bill clinton. i think we've made progress in other areas. clearly environmentally. we have deniers of global warming. but we're reducing the amount of oil we import and use. there's progress in that regard. on the other hand, there's been some retrogregs in the recognition of two of the great accomplishments of america in the 20th century with social security and medicare. before those two, we didn't have the possibility for the average old person who wasn't wealthy to have a decent existence in retirement. we now that v that and i'm sorry to see that pulled back. there's also an international event. we have to recognize this. from 1940 to 1990, we had very heavily-armed, bad people threatening our existence as a society. we don't have that anymore. we have the thugs. they are not the communists. they don't threaten our very existence. we have an ability now, i believe, to reduce some of the resources and do more things at home. although there's an ideological barrier. >> i know you love the congre
not very long ago that was a wedge issue bob dole was using against bill clinton. i think we've made progress in other areas. clearly environmentally. we have deniers of global warming. but we're reducing the amount of oil we import and use. there's progress in that regard. on the other hand, there's been some retrogregs in the recognition of two of the great accomplishments of america in the 20th century with social security and medicare. before those two, we didn't have the possibility for...
194
194
Dec 5, 2012
12/12
by
MSNBCW
tv
eye 194
favorite 0
quote 0
and an exclusive speech by bill clinton and a photo with him, which is actually priceless. lunch with obama body man reggie love which i think has set hearts aflame across the united states. >> you'red bying on that. >> i might be. >> and a character named after you and john irving's upcoming novel which i believe josh greene -- i feel like you've figured prominently john irving novels. >> will you be the villain or hero? >> probably depends on the size of your bid. >> informant. it's ongoing right now. >> yes. >> we're trying to dream up exciting item that maybe coming on set to visit with the "now" with alex wagner team should be up there. >> we're going to fix that. that will be up there by dinner time. >> look at that. bid high, america. we have to leave it there. thank you to my panel, benjamin, kerry, karen, josh and melinda. that is all. i'll see you tomorrow noon eastern, 9:00 pacific when joined by richard wolf, michael eric dyson, brian anderson and rana fa roo har. find us at facebook.com/now with alex. "andrea mitchell reports" is next. good afternoon, andrea. >
and an exclusive speech by bill clinton and a photo with him, which is actually priceless. lunch with obama body man reggie love which i think has set hearts aflame across the united states. >> you'red bying on that. >> i might be. >> and a character named after you and john irving's upcoming novel which i believe josh greene -- i feel like you've figured prominently john irving novels. >> will you be the villain or hero? >> probably depends on the size of your...
148
148
Dec 5, 2012
12/12
by
CNBC
tv
eye 148
favorite 0
quote 0
bill clinton, number 50. no hillary clinton or not list. way down at number 65, below the colombian drug deale erdealer, . boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on this third term that he has figured out a way to have. he's a publisher. he's a 15th richest guy -- most powerful guy on our list, one of the richest men in the world. >> and a quick thought on ilan musk -- we've heard his name but he doesn't get a lot of attention. why is he in the top 70? >> when you think about the entrepreneurial ethos that forbes tries to represent, the people, places and companies that we try to describe an entrepreneurs in particular, here's a guy who founded paypal. here's a guy who's at the front of the tesla automobile. he's now moving cargo th
bill clinton, number 50. no hillary clinton or not list. way down at number 65, below the colombian drug deale erdealer, . boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on...
102
102
Dec 5, 2012
12/12
by
CSPAN
tv
eye 102
favorite 0
quote 0
we supported them back in 1991 when bill clinton was running for president. no problem on that. it is a reasonable adjustment, but may not be sufficient to reach the targets we need, and it does not help us in bipartisan bargaining, reaching a deal. i hope as this negotiation -- we ought to be at the irish times -- that they will not make a fetish of marginal tax rates if they should go up some, but do they need to go back where they were? i do not know. lots of ways to increase taxes on rich people, and it may be that a hybrid of marginal tax increases and the kind of base- broadening, loophole closing, expenditure closing that simpson-bowles proposed should be part of the mix. raising marginal rates does not guarantee you will get your intended target. very rich people depend more on investment income than on their labor income. if you want to get them -- and this is where mitt romney was able to pay a 14% tax rate on earnings of $14 million -- so if you are trying to get the super-rich, the top tenth of 1%, it may be that marginal tax rates does not serve your purpose. whatev
we supported them back in 1991 when bill clinton was running for president. no problem on that. it is a reasonable adjustment, but may not be sufficient to reach the targets we need, and it does not help us in bipartisan bargaining, reaching a deal. i hope as this negotiation -- we ought to be at the irish times -- that they will not make a fetish of marginal tax rates if they should go up some, but do they need to go back where they were? i do not know. lots of ways to increase taxes on rich...
262
262
Dec 5, 2012
12/12
by
FOXNEWSW
tv
eye 262
favorite 0
quote 0
bill: so secretary clinton you believe will testify at some point? >> she absolutely has to testify. let's not forget in the mids t-frbgs thst of the election she came forward and said she took responsibility for that. this is a state department, this is a consulate. ambassador stevens worked for the state department. we need to understand why given the prior attacks on that consulate they won't secure it. bill: she has suggested a willingness to appear too. >> i think she has to. bill: it might be on tv if it's public too. >> it's critical that she appear. bill: thank you, kelly ayotte, republican senator there. we will follow this. to our viewers if you have questions, bya, because you asked and the email to hemmer@foxnews.com. or follow me on twitter at tweet@bill hemmer. get curious about what is in the news today and fire away. lines are open. man, so many questions still. three months down the road. those families. martha: a lot those families need to know. and also on this point we are searching for some answers this morning. the parents of mi
bill: so secretary clinton you believe will testify at some point? >> she absolutely has to testify. let's not forget in the mids t-frbgs thst of the election she came forward and said she took responsibility for that. this is a state department, this is a consulate. ambassador stevens worked for the state department. we need to understand why given the prior attacks on that consulate they won't secure it. bill: she has suggested a willingness to appear too. >> i think she has to....
355
355
Dec 5, 2012
12/12
by
CSPAN
tv
eye 355
favorite 0
quote 2
john podesta and chief of staff to bill clinton. welcome. john has to leave us a little bit early. i will go to him first when we begin. we also have the co-director of bill. we have will marshal as well. we have senator bob pack worwar. xe is part of the '86 ta negotiations. hope to get your thoughts on that. please jump in. we have about an hour or an hour and a half. if you hear something you want to weigh in, please do not look to me, but i will try to direct the conversation as best as i can. we are talking about the other licy.ssue dax tax polic-- tax po the question of revenue -- how much and where to get it? the options are on the table. they need some ideas, both sides, to bridge this gap. we appear to be at a stalemate. i will turn it over to john podesta to get his thoughts. john, maybe you want to weigh in on some ideas and give your thoughts on this debate. >> following up on this morning 's sessions, in order to have a balanced approach, we need revenue and spending restraint. there were ideas talked about this morning with restraint on big entitlements and medicare,
john podesta and chief of staff to bill clinton. welcome. john has to leave us a little bit early. i will go to him first when we begin. we also have the co-director of bill. we have will marshal as well. we have senator bob pack worwar. xe is part of the '86 ta negotiations. hope to get your thoughts on that. please jump in. we have about an hour or an hour and a half. if you hear something you want to weigh in, please do not look to me, but i will try to direct the conversation as best as i...
115
115
Dec 5, 2012
12/12
by
CSPAN
tv
eye 115
favorite 0
quote 0
bill clinton in the white house. they came together to solve some big problems. welfare reform, health insurance reform. folks forget about health insurance reform. we did away with pre-existing conditions. did away with all of the impediments in the large group markets, what they call the plans, had great success in that area, and finally got back into some positive territory. to be truthful, this assumes that all the federal -- all the social security revenues, medicare revenues are getting spent on other projects rather than going in the trust fund and being preserved. we didn't really have a surplus. we were spending social security and medicare revenues to create a surplus. but we did have some better years then. then we go into the bush years. this is important. 9/11 changed the way this country deals with national security. a lot of programs going on much to my surprise, mr. speaker, you remember, we create add brand new federal department with the republican house, republican senate, and republican president. we created a brand new entitlement program, me
bill clinton in the white house. they came together to solve some big problems. welfare reform, health insurance reform. folks forget about health insurance reform. we did away with pre-existing conditions. did away with all of the impediments in the large group markets, what they call the plans, had great success in that area, and finally got back into some positive territory. to be truthful, this assumes that all the federal -- all the social security revenues, medicare revenues are getting...
186
186
Dec 5, 2012
12/12
by
CNBC
tv
eye 186
favorite 0
quote 0
they allow the marginal rates on earned income to go back to the clinton levels. in that proposal, as i understand it, dividends and cap gains rise modestly to 20%. i think anybody that's looked that the will tell you the mix of rates and deductions and tax treatment of dividends, capital gains now is unaffordable for the country. the current mix we have in current policy is unaffordable. we're going to have to alter that mix. we've laid out the best way we think to do that. if we did that, i think you'd see alongside sensible spending reforms. you'd see very good outcomes for the american economy. the american economy right now looks very resilient. the biggest thing that stands in the way of much significant strength in growth is this uncertainty about how to reach an agreement. >> what's the right rate for dividends and capital gains? >> in the senate bill, you see there's a proposal to let them go to 20. that's certainly one way to do it. ultimately, you have to look at the overall mix of tax treatment, investment income -- >> is there a number that's too high
they allow the marginal rates on earned income to go back to the clinton levels. in that proposal, as i understand it, dividends and cap gains rise modestly to 20%. i think anybody that's looked that the will tell you the mix of rates and deductions and tax treatment of dividends, capital gains now is unaffordable for the country. the current mix we have in current policy is unaffordable. we're going to have to alter that mix. we've laid out the best way we think to do that. if we did that, i...
126
126
Dec 5, 2012
12/12
by
CSPAN
tv
eye 126
favorite 0
quote 0
the rich should go back to the clinton era tax cuts where they did a fantastic. the middle class should pay a portion. everybody should pay something. the big elephant in the room is entitlements. we have to address health care. in the end, like it or not, we will go to a single payer, because it is the only worldwide system that provides services at reduced cost. host: we will keep taking your phone calls. some other headlines, in the baltimore sun, they are reporting manning is confident things will turn out ok if he does not spend the rest of his life in prison. and some other news. we told you about protestors reaching the palace in egypt. this is the headline and picture in the "washington times" -- 100,000 people protesting against the islamist leader. and in the baltimore sun, patriot missiles going to turkey. and in the washington post, the front page on syria, the syrian army weakening as rebels make gains in that country. in the new york times, a school is hit in the violence and school shortages worsening. in germany, the headline in the wall street jo
the rich should go back to the clinton era tax cuts where they did a fantastic. the middle class should pay a portion. everybody should pay something. the big elephant in the room is entitlements. we have to address health care. in the end, like it or not, we will go to a single payer, because it is the only worldwide system that provides services at reduced cost. host: we will keep taking your phone calls. some other headlines, in the baltimore sun, they are reporting manning is confident...